Private sector pay rises slow

Take-home pay in the private sector slowed to 0.6 per cent growth in the three months to January, close to an all-time low, according to research by VocaLink released today. The manufacturing industry recorded a surprise slouch in pay growth to 0.4 per cent, despite the sector’s resilience in 2010. In the public sector, annual growth rose to 1.3 per cent in January, the research showed.